Equinix (EQIX) Free Cash Flow (2009 - 2026)
Equinix's quarterly Free Cash Flow came in at $594.0 million in Q1 2026, down 25.0% year-on-year from $792.0 million in Q1 2025, and up 9.8% quarter-over-quarter from $541.0 million in Q4 2025.
Equinix has reported Free Cash Flow for 18 years, with the latest figure at $594.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 25.0% year-over-year to $594.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.7 billion (down 28.69% YoY), and the FY2025 full-year result was $2.9 billion, changed 0.17% from the prior year.
- Free Cash Flow for Q1 2026 stood at $594.0 million, up from $541.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $2.4 billion in Q3 2025, with the low at -$1.6 billion in Q4 2023.
- Average Free Cash Flow over 5 years is $563.2 million, with a median of $596.0 million recorded in 2024.
- Year-over-year, Free Cash Flow jumped 929.07% in 2022 and sank 395.16% in 2023.
- Tracing EQIX's Free Cash Flow over 5 years: stood at $551.9 million in 2022, then slumped by 395.16% to -$1.6 billion in 2023, then surged by 157.15% to $931.0 million in 2024, then slumped by 41.89% to $541.0 million in 2025, then rose by 9.8% to $594.0 million in 2026.
- The last three Free Cash Flow figures came in at $594.0 million (Q1 2026), $541.0 million (Q4 2025), and $2.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 594.00 Mn |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 951.10 Mn |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | -337.62 Mn |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 452.00 Mn |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 36.65 Mn |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 206.69 Mn |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 29.00 Mn |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 208.30 Mn |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | 158.75 Mn |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 72.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 594.00 Mn |
| Mar 31, 2026 | 594.00 Mn |
| Dec 31, 2025 | 541.00 Mn |
| Dec 31, 2025 | 541.00 Mn |
| Sep 30, 2025 | 2.36 Bn |
| Sep 30, 2025 | 2.36 Bn |
| Jun 30, 2025 | -778.00 Mn |
| Jun 30, 2025 | -778.00 Mn |
| Mar 31, 2025 | 792.00 Mn |
| Mar 31, 2025 | 792.00 Mn |
| Dec 31, 2024 | 931.00 Mn |
| Dec 31, 2024 | 931.00 Mn |
| Sep 30, 2024 | 596.00 Mn |
| Sep 30, 2024 | 596.00 Mn |
| Jun 30, 2024 | 1.49 Bn |
| Jun 30, 2024 | 1.49 Bn |
| Mar 31, 2024 | -109.00 Mn |
| Mar 31, 2024 | -109.00 Mn |
| Dec 31, 2023 | -1.63 Bn |
| Dec 31, 2023 | -1.63 Bn |
| Sep 30, 2023 | 1.80 Bn |
| Sep 30, 2023 | 1.80 Bn |
| Jun 30, 2023 | -387.00 Mn |
| Jun 30, 2023 | -387.00 Mn |
| Mar 31, 2023 | 652.00 Mn |
| Mar 31, 2023 | 652.00 Mn |
| Dec 31, 2022 | 551.91 Mn |
| Dec 31, 2022 | 551.91 Mn |
| Sep 30, 2022 | 813.72 Mn |
| Sep 30, 2022 | 813.72 Mn |
| Jun 30, 2022 | 771.32 Mn |
| Jun 30, 2022 | 771.32 Mn |
| Mar 31, 2022 | 578.05 Mn |
| Mar 31, 2022 | 578.05 Mn |
| Dec 31, 2021 | 885.12 Mn |
| Dec 31, 2021 | 885.12 Mn |
| Sep 30, 2021 | 1.73 Bn |
| Sep 30, 2021 | 1.73 Bn |
| Jun 30, 2021 | -93.04 Mn |
| Jun 30, 2021 | -93.04 Mn |
| Mar 31, 2021 | -172.44 Mn |
| Mar 31, 2021 | -172.44 Mn |
| Dec 31, 2020 | 610.43 Mn |
| Dec 31, 2020 | 610.43 Mn |
| Sep 30, 2020 | 1.29 Bn |
| Sep 30, 2020 | 1.29 Bn |
| Jun 30, 2020 | 92.74 Mn |
| Jun 30, 2020 | 92.74 Mn |
| Mar 31, 2020 | 115.89 Mn |
| Mar 31, 2020 | 115.89 Mn |
| Dec 31, 2019 | 424.81 Mn |
| Dec 31, 2019 | 424.81 Mn |
| Sep 30, 2019 | 482.14 Mn |
| Sep 30, 2019 | 482.14 Mn |
| Jun 30, 2019 | 501.21 Mn |
| Jun 30, 2019 | 501.21 Mn |
| Mar 31, 2019 | 415.42 Mn |
| Mar 31, 2019 | 415.42 Mn |
| Dec 31, 2018 | 223.03 Mn |
| Dec 31, 2018 | 223.03 Mn |
| Sep 30, 2018 | 1.15 Bn |
| Sep 30, 2018 | 1.15 Bn |
| Jun 30, 2018 | 18.49 Mn |
| Jun 30, 2018 | 18.49 Mn |
| Mar 31, 2018 | 246.01 Mn |
| Mar 31, 2018 | 246.01 Mn |
| Dec 31, 2017 | -818.88 Mn |
| Dec 31, 2017 | -818.88 Mn |
| Sep 30, 2017 | 951.36 Mn |
| Sep 30, 2017 | 951.36 Mn |
| Jun 30, 2017 | -42.10 Mn |
| Jun 30, 2017 | -42.10 Mn |
| Mar 31, 2017 | -29.87 Mn |
| Mar 31, 2017 | -29.87 Mn |
| Dec 31, 2016 | -784.63 Mn |
| Dec 31, 2016 | -784.63 Mn |
| Sep 30, 2016 | 56.16 Mn |
| Sep 30, 2016 | 56.16 Mn |
| Jun 30, 2016 | -152.90 Mn |
| Jun 30, 2016 | -152.90 Mn |
| Mar 31, 2016 | 88.43 Mn |
| Mar 31, 2016 | 88.43 Mn |
| Dec 31, 2015 | 784.37 Mn |
| Dec 31, 2015 | 784.37 Mn |
| Sep 30, 2015 | -1.65 Mn |
| Sep 30, 2015 | -1.65 Mn |
| Jun 30, 2015 | -8.88 Mn |
| Jun 30, 2015 | -8.88 Mn |
| Mar 31, 2015 | 82.69 Mn |
| Mar 31, 2015 | 82.69 Mn |
| Dec 31, 2014 | -441.12 Mn |
| Dec 31, 2014 | -441.12 Mn |
| Sep 30, 2014 | 465.37 Mn |
| Sep 30, 2014 | 465.37 Mn |
| Jun 30, 2014 | -149.97 Mn |
| Jun 30, 2014 | -149.97 Mn |
| Mar 31, 2014 | 154.93 Mn |
| Mar 31, 2014 | 154.93 Mn |
| Dec 31, 2013 | -331.37 Mn |
| Dec 31, 2013 | -331.37 Mn |
| Sep 30, 2013 | 205.67 Mn |
| Sep 30, 2013 | 205.67 Mn |
| Jun 30, 2013 | 219.87 Mn |
| Jun 30, 2013 | 219.87 Mn |
| Mar 31, 2013 | 8.51 Mn |
| Mar 31, 2013 | 8.51 Mn |
| Dec 31, 2012 | -6.72 Mn |
| Dec 31, 2012 | -6.72 Mn |
| Sep 30, 2012 | -104.56 Mn |
| Sep 30, 2012 | -104.56 Mn |
| Jun 30, 2012 | -1.70 Mn |
| Jun 30, 2012 | -1.70 Mn |
| Mar 31, 2012 | -19.50 Mn |
| Mar 31, 2012 | -19.50 Mn |
| Dec 31, 2011 | -2.54 Mn |
| Dec 31, 2011 | -2.54 Mn |
| Sep 30, 2011 | 10.35 Mn |
| Sep 30, 2011 | 10.35 Mn |
| Jun 30, 2011 | -208.69 Mn |
| Jun 30, 2011 | -208.69 Mn |
| Mar 31, 2011 | 102.82 Mn |
| Mar 31, 2011 | 102.82 Mn |
| Dec 31, 2010 | -20.46 Mn |
| Dec 31, 2010 | -20.46 Mn |
| Sep 30, 2010 | -30.68 Mn |
| Sep 30, 2010 | -30.68 Mn |
| Jun 30, 2010 | -91.80 Mn |
| Jun 30, 2010 | -91.80 Mn |
| Mar 31, 2010 | -43.59 Mn |
| Mar 31, 2010 | -43.59 Mn |
| Dec 31, 2009 | -19.23 Mn |
| Dec 31, 2009 | -19.23 Mn |
| Sep 30, 2009 | 19.34 Mn |
| Sep 30, 2009 | 19.34 Mn |